Capital Gains Tax Accountant in Tonbridge & Kent
Selling property, shares, cryptocurrency or business assets can quickly become stressful when HMRC deadlines and Capital Gains Tax rules are involved. I provide straightforward Capital Gains Tax support for clients across Tonbridge, Hildenborough, Sevenoaks, Tunbridge Wells and the wider Kent area.
Whether you need help reporting a property sale, calculating gains correctly, understanding available tax reliefs or responding to an HMRC letter, I’ll guide you through the process clearly and help you avoid unnecessary penalties.
No jargon. No confusing tax language. Just practical CGT advice tailored to your situation.
No jargon. No hidden costs. Just clear advice.
No pressure. Just a quick chat to figure out what you need.
Capital Gains Tax Support for Property, Shares & Investments
Capital Gains Tax can apply when you sell or dispose of assets that have increased in value. Many people are surprised to discover that deadlines can be strict and penalties can apply quickly if reporting requirements are missed.
I help clients across Tonbridge and Kent with:
- Buy-to-let property sales
- Second homes and holiday homes
- Share disposals
- Cryptocurrency gains
- Business asset disposals
- HMRC CGT letters
- 60-day UK residential property reporting
- Relief and allowance checks
- Self Assessment reporting
Every situation is different, which is why I provide tailored advice based on your actual circumstances rather than generic tax guidance.
Who I Help with Capital Gains Tax
Landlords & Property Owners
If you’ve sold a buy-to-let property, second home or other residential investment property, I’ll help calculate your gain, check available reliefs and determine whether a 60-day Capital Gains Tax return is required.
Small Business Owners
Selling company shares, goodwill or business assets can trigger CGT obligations. I’ll help you understand what needs reporting and whether reliefs such as Business Asset Disposal Relief may apply.
Investors & Cryptocurrency Holders
From shares and investment funds to cryptocurrency disposals, I’ll help you calculate gains accurately, apply available allowances correctly and meet the relevant HMRC reporting requirements.
Anyone Unsure About an HMRC Letter
Received a Capital Gains Tax letter from HMRC and not sure what it means? I’ll explain everything clearly, help you understand your obligations, and guide you through the next steps.
Why Choose CWABC for CGT Support?
Friendly, Clear Advice
Tax rules can feel overwhelming. I explain things in plain English so you always understand what is happening and why.
Tailored Support
No two disposals are the same. I’ll review your situation carefully and check whether reliefs or allowances may reduce your tax bill.
Transparent Pricing
You’ll receive a clear quote upfront with no hidden charges or surprise costs later on.
Ongoing Support if Needed
Whether you need help with a one-off disposal or ongoing CGT support across multiple sales or investments, I’m here year-round to help.
How the Capital Gains Tax Process Works
I keep the process simple and straightforward so you always know what stage things are at.
- 1. Initial Call: We’ll discuss your property sale, investment disposal or HMRC query and identify what support you need.
- 2. Relief & Allowance Review: I’ll review potential tax reliefs and allowances that may reduce your liability.
- 3. Accurate CGT Calculations: Your gains will be calculated using the information provided and current HMRC guidance.
- 4. HMRC Submission: I’ll prepare and submit the required Capital Gains Tax reporting to HMRC on your behalf.
- 5. Ongoing Guidance: If you need additional support with Self Assessment or future disposals, I’ll remain available to help.
Important Capital Gains Tax Deadlines
HMRC reporting deadlines for Capital Gains Tax are strict, especially for residential property disposals.
- 60-Day UK Residential Property Reporting: If you’re a UK resident and sell a UK residential property on which Capital Gains Tax is due, you’ll normally need to report the disposal and pay the tax within 60 days of completion.
- Other Capital Gains: Gains on assets such as shares, business assets and cryptocurrency may need to be reported through Self Assessment. In some circumstances, individuals can also use HMRC’s real-time Capital Gains Tax service.
Missing deadlines can lead to penalties and interest charges, which is why early advice can make a significant difference.
What My Clients Say
Frequently Asked Questions About Capital Gains Tax
What is Capital Gains Tax?
Capital Gains Tax is tax paid on the profit made when selling or disposing of an asset that has increased in value.
Do I Pay CGT on My Main Home?
In many cases, your main residence may qualify for Private Residence Relief, although exceptions can apply depending on usage and ownership history.
What Is the 60-Day Property Rule?
If you’re a UK resident and sell UK residential property on which Capital Gains Tax is due, you’ll normally need to report the disposal and pay the tax within 60 days of completion.
Can I Reduce My Capital Gains Tax Bill?
Possibly. Reliefs, allowable costs, losses and annual exemptions may help reduce your liability depending on your circumstances.
What Happens if I Miss the Deadline?
HMRC may charge penalties and interest if Capital Gains Tax is reported or paid late. If you’ve missed a deadline, dealing with it promptly can help prevent further charges building up.
Does Capital Gains Tax Apply to Cryptocurrency?
Potentially. Selling, exchanging, spending or giving away cryptoassets can be a disposal for Capital Gains Tax purposes. Whether any tax is due depends on your gains and individual circumstances.
What Records Should I Keep?
You should keep records showing what you paid for the asset, what you received when you disposed of it and relevant costs such as professional fees and qualifying improvement costs. You should also retain contracts, valuations and other supporting documentation where relevant.
Need Help with Capital Gains Tax in Tonbridge?
If you’re unsure whether Capital Gains Tax applies, worried about deadlines or simply want clear advice before submitting anything to HMRC, I’m here to help.
Book a free call today and get straightforward CGT support from a local accountant who understands the process and explains things clearly.